How do you calculate the price of a coupon bond from the prices of zero-coupon bonds

To calculate the price you should pay for a zero-coupon bond, you'll:

1. - divide your required rate of return by 100 to convert it toa a decimal.

2. - add 1 to the required rate of return as a decimal

and last, raise the result to the power of the number of years until the bond matures.